Bank Of Baku

Fines for organizations not insuring staffs to be doubled in Azerbaijan

Fines for organizations not insuring staffs to be doubled in Azerbaijan
# 09 February 2011 13:04 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The sum of fine applied on type on Insurance against Industrial Accident and Occupational Disease that Caused Disability will be doubled in Azerbaijan, Maharram Maharov, deputy head of the State Labor Inspectorate told APA.

According to him, the sum of fine will be doubled to AZN 3000: “These amendments have been approved by Milli Majlis and are expected to be adopted by head of state, recently”.

This process will prevent the companies not to insure the staffs.
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